Michaele & Tareq Salahi's Winery Up For Auction After Bankruptcy
Aug. 25 2011, Published 9:30 a.m. ET
By Amber Goodhand - RadarOnline.com Reporter
Micheale and Tareq Salahi's money troubles have caught up with the couple and their once lucrative winery in Virginia will be auctioned off because of bankruptcy, RadarOnline.com is exclusively reporting.
According to an online Virginia auction calendar, the Salahi's winery -- Oasis Vineyards -- is listed for auction on September 18 by order of the U.S. Bankruptcy Court.
The liquidation of assets will include items such as: 60+ Oak Barrels, DeFraneschi Grape Press, Demoisi DeStemmer, Ice Machine, Dish Washer, approximately 5,000 bottles of Sparkling Wine, 100 cases of Cabernet, 84 cases of Dogwood Cabernet and other countless items.
Tareq's family founded the Oasis Winery in Hume, Virginia back in 1977, and they’ve been feuding with him for several years claiming he mismanaged the property and tried to block its sale.
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As RadarOnline.com first reported the Salahis haven't had much luck in the wine industry, allegedly stiffing customers who paid upfront for wine tours and never got their tour or their money back.
One disgruntled customer told RadarOnline.com: "Don't go anywhere near Michaele and Tareq Salahi's winery tours!"
Shouldn't be a problem anymore.
The reality-TV duo are reportedly moving to Beverly Hills where they hope to get a fresh start and stretch out their 15 minutes in the limelight.